--- title: "Sportradar Securities Fraud Class Action Result of Compliance Misrepresentations and 22% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC" type: "News" locale: "en" url: "https://longbridge.com/en/news/286841150.md" description: "Sportradar Group AG faces a securities fraud class action lawsuit due to alleged compliance misrepresentations, resulting in a 22% stock decline. Investors who purchased shares between November 7, 2024, and April 21, 2026, have until July 17, 2026, to file lead plaintiff applications. The lawsuit claims the company failed to disclose material information and misled investors regarding its compliance processes and dealings with black-market gambling operators." datetime: "2026-05-19T02:00:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286841150.md) - [en](https://longbridge.com/en/news/286841150.md) - [zh-HK](https://longbridge.com/zh-HK/news/286841150.md) --- # Sportradar Securities Fraud Class Action Result of Compliance Misrepresentations and 22% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC Sportradar Securities Fraud Class Action Result of Compliance Misrepresentations and 22% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until**July 17, 2026** to file lead plaintiff applications in a securities class action lawsuit against Sportradar Group AG (NasdaqGS: SRAD) (“Sportradar” or the “Company”), if they purchased or otherwise acquired the Company’s Class A ordinary shares between November 7, 2024 and April 21, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York. **What You May Do** If you purchased shares of Sportradar as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-srad/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by **July 17, 2026**. **\>\>\>****CLICK HERE** **for more information** **About the Lawsuit** Sportradar and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar’s operations; (ii) the Company’s Know-Your-Customer (“KYC”) and compliance processes were not as robust as Defendants’ had claimed; and (iii) as a result, the Company’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. The case is _Smale v. Sportradar Group AG, et al.,_ Case No. 26-cv-4112. **\>\>\>To Learn More, Click** **HERE** About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. **\>\>\>For More Information about the case, Click** **HERE** CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163 View source version on businesswire.com: https://www.businesswire.com/news/home/20260518475453/en/ ### Related Stocks - [SRAD.US](https://longbridge.com/en/quote/SRAD.US.md) ## Related News & Research - [Rosen Law Firm Urges Sportradar Group AG (NASDAQ: SRAD) Stockholders with Large Losses to Contact the Firm for Information About Their Rights](https://longbridge.com/en/news/286972590.md) - [17:35 ETRosen Law Firm Encourages Sportradar Group AG Investors to Inquire About Securities Class Action Investigation - SRAD](https://longbridge.com/en/news/286822299.md) - [01:12 ETRosen Law Firm Encourages Sportradar Group AG Investors to Inquire About Securities Class Action Investigation - SRAD](https://longbridge.com/en/news/285884382.md) - [23:43 ETRosen Law Firm Encourages Sportradar Group AG Investors to Inquire About Securities Class Action Investigation - SRAD](https://longbridge.com/en/news/285306562.md) - [Sportradar Group Analysts Slash Their Forecasts Following Weak Q1 Results](https://longbridge.com/en/news/284601619.md)